Morrison Plus Property InspectionsFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Morrison Plus Property Inspections franchise requires a total initial investment of $44K – $83K, including a $35K franchise fee and an ongoing 7.0% royalty[2]. Per the 2022 FDD, average unit revenue was $181K[2]. Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2022 FDD issuance
Overview
- Investment
- $44K – $83K
- 23rd pct Real Estate
- Avg gross sales
- $181K
- 7th pct Real Estate
- Royalty
- 7.0%
- 38th pct Real Estate
- Units
- 11
- 13th pct Real Estate
- SBA default
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = >15% above Real Estate avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 10 to 3 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $44K – $83K including a $35K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $181K/year (median $131K).
- Verdict C (Average) with a risk score of 66/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- MORRISON PLUS FRANCHISING, LLC
- Parent company
- Morrison Molloy Holdings, LLC
- CEO title
- President
- Duane Morrison
- CEO experience
- 17 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 504 E. Route 66, Suite 102, Glendora, California 91740
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $166K
- vs $177K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2022
- Status as of 2022; may have been resolved in a later filing we don't yet have.
Affiliated brands
- Morrison Property Inspections
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Morrison Plus Property Inspections franchisees conduct residential and commercial property inspections for home buyers, sellers, and real estate professionals. Day-to-day operations include scheduling inspections, conducting on-site evaluations using specialized equipment, documenting findings, generating inspection reports, managing customer relationships, and handling billing/administrative tasks. Franchisees typically operate as solo inspectors or with a small team covering a protected geographic territory.
- CEO
- Duane Morrison
- Headquarters
- CA
- Founded
- 2017
- FDD year
- 2022
- States available
- 2
FDD Item 7 · 2022 filing · 30 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $35K | $55K | |
| Your Training Expenses | $1K | $3K | |
| Vehicle | $0 | $2K | |
| Vehicle Signage | $475 | $800 | |
| Office Furniture, Fixtures, and Supplies | $150 | $800 | |
| Equipment | $820 | $1K | |
| Licenses and Permits | $50 | $360 | |
| Computer Systems | $674 | $5K | |
| Payroll Service Fees | $200 | $200 | |
| Membership/Association Dues | $49 | $410 | |
| Initial Inventory to Begin Operating | $506 | $663 | |
| Professional Fees | $1K | $4K | |
| Grand Opening Marketing | $2K | $3K | |
| Insurance | $1K | $2K | |
| Operating Expenses / Additional Funds - 3 months | $500 | $6K | |
| Initial Franchise Fee (Conversion Franchise) | $28K | $50K | |
| Your Training Expenses (Conversion Franchise) | $1K | $2K | |
| Vehicle (Conversion Franchise) | $0 | $2K | |
| Vehicle Signage (Conversion Franchise) | $475 | $800 | |
| Office Furniture, Fixtures, Equipment and Supplies (Conversion Franchise) | $0 | $350 | |
| Total initial investment | $79K | $160K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$24K
13.0% margin
Unlevered ROIC
35%
EBITDA / total invested capital
Payback
34 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $44K – $83K
- Better than avg vs category
- Liquid capital req'd
- $500 – $6K
- Better than avg vs category
- Franchise fee
- $35K – $55K
- Better than avg vs category
- Royalty
- 7.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $26K |
| Renewal fee | $3K |
| Total fee load | 10.0% of rev |
Financial Performance
- Avg gross sales
- $181K
- Per unit, per year
- Median gross sales
- $131K
- Item 19 type
- gross_sales
- Sample size
- 7 units
- vs category median 41 · small
- Range (low → high)
- $54K→$438K
- Cohort dispersion (min → max)
- Reporting year
- 2021
- Fiscal year the figures cover
- Transparency
- 4 / 5
- vs category median 0 / 5 · above
Compared against 121 Real Estate brands
vs Real Estate averages
How Morrison Plus Property Inspections Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 2
- Last reporting year
- Closed
- 1
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 9.1%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 91%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- +11.1%
- Net unit change last year
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 7
- Franchisor's next-year forecast
- Termination rate
- 9.1%
- Franchisor-initiated terminations
- Ceased ops
- 9.1%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage franchise with minimal unit count, undisclosed profitability metrics, and high royalty burden on sub-$400K revenue franchisees creates elevated financial risk despite protected territory and no litigation.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 66 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — unable to validate actual profitability claims against $181,012 average revenue
- 02MEDOnly 11 units system-wide with 11.1% YoY growth indicates very small, early-stage franchise with limited scale and support infrastructure
- 03MINORTiered royalty structure (7.0% down to 5.5%) suggests franchisor may struggle to reach profitability at lower revenue thresholds, creating incentive misalignment
- 04MINORAverage revenue of $181,012 falls in highest royalty bracket (7.0%) — franchisees must generate $400,000+ annually to access lower royalty rates, indicating potential earning barriers
- 05HIGHNo litigation disclosure combined with absence of net income figures raises transparency concerns about financial performance validation
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 4 |
| Territory type | Zip Codes |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 75,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 5 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 32 hrs
- Training location
- Glendora, California
- Ongoing training
- Required
- Field support
- 16 hrs/yr
- On-site visits per year
- Time to open
- 3 mo
- From signing to launch
- POS system
- HomeGauge 5
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: HomeGauge 5
Item 20 · call current owners
Franchisee Contacts
26 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Morrison Plus Property Inspections · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Morrison Plus Property Inspections franchise?
The total investment to open a Morrison Plus Property Inspections franchise ranges from $44K – $83K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Morrison Plus Property Inspections franchise owners earn?
According to Item 19 of the Morrison Plus Property Inspections FDD, the average gross sales per unit is $181K. The median is $131K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Morrison Plus Property Inspections's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Morrison Plus Property Inspections (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Morrison Plus Property Inspections franchise locations are there?
As of their most recent FDD filing, Morrison Plus Property Inspections has 11 total units in the United States, including 10 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is Morrison Plus Property Inspections a good franchise to buy?
FranchiseVerdict rates Morrison Plus Property Inspections as a C-grade franchise with a risk score of 66 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.